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Salona Cotspin NSEI:SALONA Stock Report

Last Price

₹296.55

Market Cap

₹1.6b

7D

-3.3%

1Y

15.5%

Updated

17 Apr, 2024

Data

Company Financials

Salona Cotspin Limited

NSEI:SALONA Stock Report

Market Cap: ₹1.6b

Salona Cotspin Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Salona Cotspin
Historical stock prices
Current Share Price₹296.55
52 Week High₹357.00
52 Week Low₹233.20
Beta0.50
1 Month Change3.96%
3 Month Change5.61%
1 Year Change15.48%
3 Year Change243.83%
5 Year Change201.22%
Change since IPO944.19%

Recent News & Updates

Salona Cotspin (NSE:SALONA) Has Some Way To Go To Become A Multi-Bagger

Feb 08
Salona Cotspin (NSE:SALONA) Has Some Way To Go To Become A Multi-Bagger

Salona Cotspin (NSE:SALONA) Is Paying Out A Dividend Of ₹1.20

Sep 12
Salona Cotspin (NSE:SALONA) Is Paying Out A Dividend Of ₹1.20

Recent updates

Salona Cotspin (NSE:SALONA) Has Some Way To Go To Become A Multi-Bagger

Feb 08
Salona Cotspin (NSE:SALONA) Has Some Way To Go To Become A Multi-Bagger

Salona Cotspin (NSE:SALONA) Is Paying Out A Dividend Of ₹1.20

Sep 12
Salona Cotspin (NSE:SALONA) Is Paying Out A Dividend Of ₹1.20

These 4 Measures Indicate That Salona Cotspin (NSE:SALONA) Is Using Debt Extensively

Jun 10
These 4 Measures Indicate That Salona Cotspin (NSE:SALONA) Is Using Debt Extensively

Returns on Capital Paint A Bright Future For Salona Cotspin (NSE:SALONA)

Dec 23
Returns on Capital Paint A Bright Future For Salona Cotspin (NSE:SALONA)

Do Salona Cotspin's (NSE:SALONA) Earnings Warrant Your Attention?

Oct 18
Do Salona Cotspin's (NSE:SALONA) Earnings Warrant Your Attention?

Salona Cotspin (NSE:SALONA) Is Achieving High Returns On Its Capital

Jul 22
Salona Cotspin (NSE:SALONA) Is Achieving High Returns On Its Capital

Is Salona Cotspin (NSE:SALONA) A Risky Investment?

Jun 18
Is Salona Cotspin (NSE:SALONA) A Risky Investment?

With EPS Growth And More, Salona Cotspin (NSE:SALONA) Is Interesting

Feb 21
With EPS Growth And More, Salona Cotspin (NSE:SALONA) Is Interesting

We Think That There Are Issues Underlying Salona Cotspin's (NSE:SALONA) Earnings

Nov 20
We Think That There Are Issues Underlying Salona Cotspin's (NSE:SALONA) Earnings

Should You Be Adding Salona Cotspin (NSE:SALONA) To Your Watchlist Today?

Jul 30
Should You Be Adding Salona Cotspin (NSE:SALONA) To Your Watchlist Today?

Here's Why Salona Cotspin (NSE:SALONA) Has A Meaningful Debt Burden

Jul 06
Here's Why Salona Cotspin (NSE:SALONA) Has A Meaningful Debt Burden

How Much Are Salona Cotspin Limited (NSE:SALONA) Insiders Spending On Buying Shares?

Mar 16
How Much Are Salona Cotspin Limited (NSE:SALONA) Insiders Spending On Buying Shares?

Is Salona Cotspin (NSE:SALONA) Using Too Much Debt?

Feb 16
Is Salona Cotspin (NSE:SALONA) Using Too Much Debt?

Salona Cotspin Limited (NSE:SALONA) Has A ROE Of 5.0%

Jan 21
Salona Cotspin Limited (NSE:SALONA) Has A ROE Of 5.0%

Have Insiders Been Buying Salona Cotspin Limited (NSE:SALONA) Shares This Year?

Dec 15
Have Insiders Been Buying Salona Cotspin Limited (NSE:SALONA) Shares This Year?

Does Salona Cotspin (NSE:SALONA) Have A Healthy Balance Sheet?

Nov 18
Does Salona Cotspin (NSE:SALONA) Have A Healthy Balance Sheet?

Should You Be Concerned About Salona Cotspin Limited's (NSE:SALONA) ROE?

Oct 23
Should You Be Concerned About Salona Cotspin Limited's (NSE:SALONA) ROE?

The Additional Director of Salona Cotspin Limited (NSE:SALONA), Arun Jhajharia, Just Bought 9.7% More Shares

Sep 16
The Additional Director of Salona Cotspin Limited (NSE:SALONA), Arun Jhajharia, Just Bought 9.7% More Shares

Is Salona Cotspin (NSE:SALONA) Using Too Much Debt?

Aug 19
Is Salona Cotspin (NSE:SALONA) Using Too Much Debt?

Should Salona Cotspin Limited (NSE:SALONA) Focus On Improving This Fundamental Metric?

Jul 22
Should Salona Cotspin Limited (NSE:SALONA) Focus On Improving This Fundamental Metric?

Should You Buy Salona Cotspin Limited (NSE:SALONA) For Its 1.1% Dividend?

Jun 26
Should You Buy Salona Cotspin Limited (NSE:SALONA) For Its 1.1% Dividend?

Shareholder Returns

SALONAIN LuxuryIN Market
7D-3.3%-1.8%-1.5%
1Y15.5%30.9%45.0%

Return vs Industry: SALONA underperformed the Indian Luxury industry which returned 30.9% over the past year.

Return vs Market: SALONA underperformed the Indian Market which returned 45% over the past year.

Price Volatility

Is SALONA's price volatile compared to industry and market?
SALONA volatility
SALONA Average Weekly Movement6.8%
Luxury Industry Average Movement7.0%
Market Average Movement6.9%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.2%

Stable Share Price: SALONA has not had significant price volatility in the past 3 months.

Volatility Over Time: SALONA's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1994n/aShyamlal Agarwalawww.salonacotspin.com

Salona Cotspin Limited produces and sells cotton yarn, knitted fabrics, and garments in India. The company offers ring spin, open end, slub, hank, and compact cotton and blend yarn products. It also provides grey, dyed, and printed fabrics; and knitwear apparels.

Salona Cotspin Limited Fundamentals Summary

How do Salona Cotspin's earnings and revenue compare to its market cap?
SALONA fundamental statistics
Market cap₹1.62b
Earnings (TTM)₹83.69m
Revenue (TTM)₹7.03b

19.3x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SALONA income statement (TTM)
Revenue₹7.03b
Cost of Revenue₹6.25b
Gross Profit₹775.37m
Other Expenses₹691.68m
Earnings₹83.69m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)15.90
Gross Margin11.03%
Net Profit Margin1.19%
Debt/Equity Ratio247.5%

How did SALONA perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

4%

Payout Ratio
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